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S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44

Energy Transfer (ET) Stock Forecast, Price & News

$11.34
+0.29 (+2.62%)
(As of 05/16/2022 12:00 AM ET)
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Today's Range
$11.00
$11.47
50-Day Range
$9.75
$12.08
52-Week Range
$7.96
$12.48
Volume
18.48 million shs
Average Volume
25.20 million shs
Market Capitalization
$34.99 billion
P/E Ratio
10.70
Dividend Yield
7.24%
Beta
1.93
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Energy Transfer logo

About Energy Transfer

Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.

Headlines

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Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
12,558
Year Founded
2001

Sales & Book Value

Annual Sales
$67.42 billion
Cash Flow
$2.84 per share
Book Value
$10.47 per share

Profitability

Net Income
$5.18 billion
Pretax Margin
6.53%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
3,085,530,000
Free Float
2,984,328,000
Market Cap
$34.99 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 2/18 Dividend
2/07/2022
Dividend Payable
2/18/2022
Last Earnings
5/04/2022
Ex-Dividend for 5/19 Dividend
5/06/2022
Today
5/17/2022
Dividend Payable
5/19/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.85 out of 5 stars

Oils/Energy Sector

7th out of 386 stocks

Natural Gas Transmission Industry

1st out of 31 stocks

Analyst Opinion: 2.6Community Rank: 4.8Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -













Energy Transfer (NYSE:ET) Frequently Asked Questions

Is Energy Transfer a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last twelve months. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Energy Transfer stock.
View analyst ratings for Energy Transfer
or view top-rated stocks.

When is Energy Transfer's next earnings date?

Energy Transfer is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Energy Transfer
.

How were Energy Transfer's earnings last quarter?

Energy Transfer LP (NYSE:ET) posted its quarterly earnings data on Wednesday, May, 4th. The pipeline company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.12. The pipeline company had revenue of $20.49 billion for the quarter, compared to analysts' expectations of $18.79 billion. Energy Transfer had a net margin of 4.58% and a trailing twelve-month return on equity of 10.25%. The business's quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.14 earnings per share.
View Energy Transfer's earnings history
.

How often does Energy Transfer pay dividends? What is the dividend yield for Energy Transfer?

Energy Transfer announced a quarterly dividend on Tuesday, April 26th. Investors of record on Monday, May 9th will be paid a dividend of $0.20 per share on Thursday, May 19th. This represents a $0.80 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date is Friday, May 6th. This is an increase from Energy Transfer's previous quarterly dividend of $0.18.
View Energy Transfer's dividend history
.

Is Energy Transfer a good dividend stock?

Energy Transfer pays an annual dividend of $0.80 per share and currently has a dividend yield of 7.24%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Energy Transfer does not yet have a strong track record of dividend growth. The dividend payout ratio of Energy Transfer is 75.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Energy Transfer will have a dividend payout ratio of 55.17% next year. This indicates that Energy Transfer will be able to sustain or increase its dividend.
View Energy Transfer's dividend history.

When did Energy Transfer's stock split? How did Energy Transfer's stock split work?

Energy Transfer's stock split on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly minted shares were issued to shareholders after the closing bell on Thursday, June 12th 2014. An investor that had 100 shares of Energy Transfer stock prior to the split would have 200 shares after the split.

What price target have analysts set for ET?

8 analysts have issued 12 month target prices for Energy Transfer's shares. Their forecasts range from $13.00 to $15.00. On average, they expect Energy Transfer's share price to reach $14.11 in the next year. This suggests a possible upside of 24.4% from the stock's current price.
View analysts' price targets for Energy Transfer
or view top-rated stocks among Wall Street analysts.

Who are Energy Transfer's key executives?
Energy Transfer's management team includes the following people:
  • Mr. Marshall S. McCrea III, Co-CEO & Director of LE GP, LLC (Age 63, Pay $7.73M)
  • Mr. Thomas E. Long, Co-CEO & Director of LE GP, LLC (Age 65, Pay $4.51M) (LinkedIn Profile)
  • Mr. Bradford D. Whitehurst, Chief Financial Officer of LE GP, LLC (Age 47, Pay $1.8M) (LinkedIn Profile)
  • Mr. A. Troy Sturrock, Sr. VP, Controller & Principal Accounting Officer of LE GP, LLC (Age 51, Pay $712.86k)
  • Mr. Thomas P. Mason, Exec. VP, Gen. Counsel & Pres – LNG of LE GP, LLC (Age 65, Pay $1.92M)
  • Mr. Kelcy L. Warren, Exec. Chairman of LE GP, LLC (Age 66)
  • Mr. Brent Ratliff, VP, Investor Relations
  • Mr. Kevin J. Smith, Exec. VP
What is Kelcy L. Warren's approval rating as Energy Transfer's CEO?

109 employees have rated Energy Transfer CEO Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among Energy Transfer's employees.

What other stocks do shareholders of Energy Transfer own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).

What is Energy Transfer's stock symbol?

Energy Transfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

Who are Energy Transfer's major shareholders?

Energy Transfer's stock is owned by many different institutional and retail investors. Top institutional shareholders include Blackstone Inc. (5.99%), Goldman Sachs Group Inc. (2.91%), Invesco Ltd. (2.04%), Clearbridge Investments LLC (0.73%), Chickasaw Capital Management LLC (0.66%) and Comerica Bank (0.51%). Company insiders that own Energy Transfer stock include Bradford D Whitehurst, Bradford D Whitehurst, Kelcy L Warren, Kelcy L Warren, Matthew S Ramsey, Michael K Grimm, Ray W Washburne, Richard D Brannon and Thomas E Long.
View institutional ownership trends for Energy Transfer
.

Which institutional investors are selling Energy Transfer stock?

ET stock was sold by a variety of institutional investors in the last quarter, including Comerica Bank, Invesco Ltd., Delphi Financial Group Inc., BlackRock Inc., Chickasaw Capital Management LLC, Group One Trading L.P., Arrowstreet Capital Limited Partnership, and Cohen & Steers Inc..
View insider buying and selling activity for Energy Transfer
or view top insider-selling stocks.

Which institutional investors are buying Energy Transfer stock?

ET stock was bought by a variety of institutional investors in the last quarter, including Blackstone Inc., RR Advisors LLC, Beach Investment Counsel Inc. PA, Chiron Investment Management LLC, Bank of Montreal Can, Goldman Sachs Group Inc., Berkley W R Corp, and Miller Howard Investments Inc. NY. Company insiders that have bought Energy Transfer stock in the last two years include Bradford D Whitehurst, Kelcy L Warren, Matthew S Ramsey, Michael K Grimm, Ray W Washburne, Richard D Brannon, and Thomas E Long.
View insider buying and selling activity for Energy Transfer
or or view top insider-buying stocks.

How do I buy shares of Energy Transfer?

Shares of ET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Energy Transfer's stock price today?

One share of ET stock can currently be purchased for approximately $11.34.

How much money does Energy Transfer make?

Energy Transfer has a market capitalization of $34.99 billion and generates $67.42 billion in revenue each year. The pipeline company earns $5.18 billion in net income (profit) each year or $1.059990 on an earnings per share basis.

How many employees does Energy Transfer have?

Energy Transfer employs 12,558 workers across the globe.

When was Energy Transfer founded?

Energy Transfer was founded in 2001.

What is Energy Transfer's official website?

The official website for Energy Transfer is www.energytransfer.com.

How can I contact Energy Transfer?

Energy Transfer's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The pipeline company can be reached via phone at (214) 981-0700, via email at [email protected], or via fax at 214-981-0703.

This page was last updated on 5/17/2022 by MarketBeat.com Staff

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